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AN EXCITING EVOLUTION! EASTMAIN RESOURCES ER:TSX CORPORATE PRESENTATION OCTOBER 2016 FORWARD LOOKING STATEMENTS Certain information set forth in this presentation may contain forward-looking statements that involve substantial known and

SLIDE 1

AN EXCITING EVOLUTION!

EASTMAIN RESOURCES ER:TSX CORPORATE PRESENTATION OCTOBER 2016

SLIDE 2

FORWARD LOOKING STATEMENTS

EASTMAIN INVESTOR PRESENTATION 2

Certain information set forth in this presentation may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements consist of statements that are not purely historical, including statements regarding beliefs, plans, expectations or timing of future plans, and include, but not limited to, statements with respect to any potential director nominations, actions taken in respect

f director nominations received by Eastmain, actual results of current and future exploration activities at the

Company's properties, and the potential success of the Company’s future exploration and development

strategies. These forward-looking statements are subject to numerous risks and uncertainties, certain of which

are beyond the control of Eastmain, including, but not limited to he results of matters to be considered at the upcoming annual and special meeting of shareholders of Eastmain, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, the availability of financing, timely completion of proposed studies and technical reports, and risks associated with the exploration, development and mining industry generally such as economic factors as they affect exploration, future commodity prices, changes in interest rates, safety and security, political, social or economic developments, environmental risks, insurance risks, capital expenditures, operating or technical difficulties in connection with development activities, personnel relations, the speculative nature of gold exploration and development, including the risks of diminishing quantities of grades of Mineral Resources, contests over property title, and changes in project parameters as plans continue to be refined. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company assumes no obligation to update such information, except as may be required by law.

SLIDE 3

THE NEW EASTMAIN

ADVANCING ASSETS WITH THE POTENTIAL FOR RESOURCE GROWTH

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 3

THE TRIANGLE OF SUCCESS

KEY PROJECTS

CLEARWATER PROJECT

The Anchor Project: High-Grade Resource with Open-pit and Underground Potential

EASTMAIN MINE PROJECT

A Past-Producer with Historic Resources and Growth Potential

ÉLÉONORE SOUTH JV

Indicative Geochemical Signature

8 OTHER SIGNIFICANT LAND PACKAGES

Prospective Gold Potential Strategically Staked Claims

TOP LAND POSITION IN THE JAMES BAY GOLD DISTRICT

Total Land Package: 137,665 hectares Top Mining Jurisdiction Access to Roads and Power

SLIDE 4

EASTMAIN October 1, 2016

Shares outstanding 175,354,814 Options (W Avg Life - 6.83 yrs, $0.68) 10,213,605 Warrants (Expire 11/10/18 , $0.50) 6,899,999 Fully-Diluted 191,508,418 Market Capitalization (20-day VWAP) $152 million Share Price (20-day VWAP) $0.87 52 Week High/Low $0.97 - $0.29 Daily Average Volume (30 day avg) 941,323

CASH POSITION

$18.1 M

H2 2016 BUDGET TO DECEMBER 2016:

$12.0 M

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 4

CAPITAL STRUCTURE OCTOBER 1, 2016

TSX:ER

SLIDE 5

Beacon Securities - Mike Bandrowski Cormark Securities - Tyron Breytenbach Laurentian Securites – Pierre Vaillancourt Mackie Research Capital - Barry Allan/Ryan Hanley Macquarie Capital - Michael Gray Paradigm Capital - Don Blyth

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 5

TOP SHAREHOLDERS Polygon 17.1 million 9.7% Integra Gold 15.9 million 9.1% Goldcorp 10.5 million 6.0% RBC Asset Management 4.1 million 2.3% Gabelli & Company 3.5 million 2.0% Van Eck 2.8 million 1.6% Don Robinson 2.7 million 1.6% Caisse du Depot (Sodémex) 2.6 million 1.5% US Global 2.5 million 1.4% Galileo 2.0 million 1.1% Commodity Discovery Fund 1.5 million 0.9% Sentry 1.3 million 0.7% Konwave AG (Gold 2000) 1.1 million 0.6% SIDEX 0.7 million 0.4%

ANALYST COVERAGE

CAPITAL STRUCTURE SHAREHOLDERS

TSX:ER

Insiders 3% Retail 51% Institutional & Major Shareholders 31% Integra 9% Goldcorp 6%

OWNERSHIP

TOP INSIDERS Blair Schultz 0.9 million 0.5% Claude Lemasson 0.8 million 0.5% Joe Fazzini 0.3 million 0.1% Mike Hoffman 0.2 million 0.1% Timo Jauristo 0.2 million 0.1% Laurie Curtis 0.1 million 0.1%

SLIDE 6

EVOLUTION OF THE BOARD AND MANAGEMENT

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 6

Claude Lemasson President & CEO (Apr. 2016) and Director (Nov.2015) Laurence (Laurie) Curtis Chairman (Sept. 2015) Michael Hoffman Mine Engineer & Executive (Mar. 2016) Blair Schultz Capital markets experience (Apr. 2016) WORLD-CLASS BOARD OF DIRECTORS Timo Jauristo Geologist, ex-Goldcorp Corp Dev Exec (Apr. 2016) Stephen De Jong Integra President & CEO (Apr. 2016) George Salamis Integra Chairman (Apr. 2016) INTEGRA TECHNICAL ADVISORS Previous experience with Management, the Éléonore Project (Goldcorp), & the James Bay region Hervé Thiboutot, Geological Engineer Integra Senior VP Jacques Simoneau, P.Geo. Integra Exploration Manager Claude Lemasson, P.Eng, MBA President & CEO

Highly-skilled mining professional
30 yrs of mine dev’t & operational experience
Direct experience with Goldcorp’s Éléonore

project in northern Québec Joe Fazzini, CPA, CFA, CA CFO & VP Corporate Development

10+ yrs advising and auditing global gold and

base metal producers through PwC & Dundee Capital Markets. Alison Dwoskin, CPIR Manager, Investor Relations

10+ yrs in mining Investor Relations

STRENGTHENED MANAGEMENT TEAM Bill McGuinty, P.Geo VP Exploration

30 yrs experience in Canada and Latin

America, from exploration to environmental and feasibility studies. Manuel Ng-Lai, P.Eng Project Engineer

10+ yrs in the technical services sector

Carl Corriveau, P.Eng, SEG Exploration Manager

20+ yrs industry experience, including

project management and evaluation, advancing projects from exploration through economic studies

SLIDE 7

JAMES BAY GOLD CAMP

EMERGING GOLD DISTRICT

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 7

Production

The Canadian Shield has produced over 200 million

unces of gold

Life Cycle

James Bay is one of the youngest camps in the Canadian shield

Exploration

Potential for many more discoveries as exploration advances

Development

Rapidly improved infrastructure to speed up pace of exploration

1. The production and reserve figure for James Bay Central Camp includes Eastmain’s resources as there are currently no reserves. 2. The Eastmain mine extracted 40,000 ounces in 1995. 3. Casa Berardi and

Chibougamau are located in Southern James Bay Source: Company reports, government studies, and academic journals.

Central James Bay Rice Lake Casa Berardi Detour Hemlo Chibougamau Red Lake Rouyn-Noranda Val D’or Kirkland Lake Timmins 7 2 3 23 21 7 28 20 30 45 74

Production & Reserves (Millions of Ounces) First Gold Pour (Year)

2014 2005 1988 1983 1981 1952 1930 1927 1923 1915 1909

District

SLIDE 8

SUPERIOR INFRASTRUCTURE IN A TOP JURISDICTION

137,665 HECTARES IN NEWEST GOLD DISTRICT

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 8

Note: Clearwater is accessible via a commercial airport at Nemaska, located 80 kms south

f the project. Route 167 Nord has been constructed from Temiscamie north to the Renard

Project, providing permanent road access to the Eastmain Mine project.

Ruby Hill Lac Lessard

Eastmain Mine

Route 167 Nord Newly Constructed

Clearwater

Lac Hudson Reservoir Lidge Lac Elmer Road King Radisson

Éléonore South JV

JAMES BAY REGION

50KM

Eastmain

James Bay

Mistissini Temiscamie Éléonore Mine Goldcorp Renard Mine Stornoway Troilus Mine Copper One Wemindji Waskaganish Chisasibi Nemaska Radisson

SLIDE 9

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 9

CLEARWATER PROJECT

ADVANCED EXPLORATION ON THE EAU CLAIRE DEPOSIT

EAU CLAIRE: Mineral Resource Estimate1 Total Measured & Indicated: 951,000 oz @ 4.09 g/t Au - 7,225,000 tonnes Total Inferred: 633,000 oz @ 3.88 g/t Au – 5,072,000 tonnes

Size and Location 51,614 hectares James Bay gold district greenstone belt, volcanics 100% ownership

Infrastructure Hydro-power (20 kms away), road and nearby airports 30 person camp incl. full-kitchen, core-shack and cabins

Note 1. Technical Report for the Eau Claire Deposit, Clearwater Project by SRK Consulting (June 2015) filed

n SEDAR.

470,000 mE 480,000 mE 5,780,000 mN 5,790,000 mN 5,800,000 mN 5,800,000 mN 5,790,000 mN 460,000 mE 5,780,000 mN 450,000 mE 5 km 2.5 EASTMAIN Project: Title: V3B Mafic Volcanic Rock S Volcanoclastic Sediment S4 Polymictic Conglomerate V1 Felsic Volcanic Rock S9 Iron Formation VQ, VTL, VQTL Quartz +/- Tourmaline Vein, QFP Quartz Feldspar Porphyry M8 Schist / Alteration Zone >50% I3B, I4B Diabase, Pyroxenite Hydrology (rivers and lakes) Claim Block Area Outline L E G E N D Geology I2 Diorite I1D Tonalite Other Symbols

SLIDE 10

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 10

EAU CLAIRE MINERAL RESOURCE

OPPORTUNITY TO IMPROVE QUALITATIVE AND QUANTITATIVE DATA

77%

More drilling data in next mineral resource update Q1 2017

13,000 metres - drilling from late 2015 63,300 metres - planned in 2016

Note: 5,000 metres drilled in 2014 at the Clovis Lake target, Clearwater Project

EAU CLAIRE DEPOSIT OVERVIEW: LOOKING WEST 450 West Zone Outcrop on Hilltop OPEN PIT POTENTIAL

Eau Claire Mineral Resource Drilling

99,000 m drilled 2011-2013 0 m drilled 2014-2015 99,000 m drilled since 2011

SLIDE 11

2016 DRILLING PROGRAM

PLAN VIEW

450 West Zone 850 West Zone

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 11

EAU CLAIRE DEPOSIT

FOCUS ON QUALITY AND GROWTH

2016 EXPLORATION BUDGET

$8.8 million

850 & 450 WEST ZONE DRILLING 2016 PROGRAM – 55,700 m 951,000 gold ounces (M&I) From surface to 400 m deep 2015 MINERAL AND RESOURCE ESTIMATE:

ü Open pit infill and step-out (blue) 11,200 m ü Shallow underground infill (pink) 26,000 m ü Delineation and conversion drilling:Inf. - > Meas. & Indic. (green and orange) 18,500 m

2015 Definition drilling intersected multiple high-grade gold intervals laterally and down- plunge of the current Measured & Indicated resource. The deposit is open laterally to the east and down plunge to the southeast and

southwest. Based
n SRK June 11,

2015 mineral resource, “Technical Report for the Eau Claire Gold Deposit, Clearwater Project, Quebec”. LONGITUDINAL VIEW (Facing North)

CONCEPTUAL

300 m

SLIDE 12

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 12

CLEARWATER & LAC CLARKIE GEOLOGY

MULTIPLE TARGETS ALONG STRUCTURAL DEFORMATION ZONE

2016 EXPLORATION PROGRAM

ü Drill-ready open pit exploration targets (within 15 km) of the Eau Claire Deposit 7,600 m drilling ü Lac Clarkie Phase 1 & 2 initial exploration programs include mag surveys, mapping and prospecting to identify priority drilling targets

5,800,000 mN 5,790,000 mN 80,000 mN

2.5 V3B Mafic Volcanic Rock S Volcanoclastic Sediment S4 Polymictic Conglomerate V1 Felsic Volcanic Rock S9 Iron Formation VQ, VTL, VQTL Quartz +/- Tourmaline Vein, QFP Quartz Feldspar Porphyry M8 Schist / Alteration Zone >50% I3B, I4B Diabase, Pyroxenite Hydrology (rivers and lakes) Claim Block Area Outline Geology I2 Diorite I1D Tonalite Other Symbols

Clearwater Property Exploration Drilling (m) Snake Lake 4,700 Clovis Lake 1,300 Knight 500 Natel 500 Serendipity 300 Beluga 300 Total Clearwater Property Exploration 7,600

SLIDE 13

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 13

CLEARWATER PROJECT

LOOKING FORWARD

Upcoming Catalysts Drilling results (starting October 2016) Mineral resource update (Q1 2017) Preliminary Economic Assessment (2H 2017) 2016 Exploration Program 63,300 m ($8.8 million) drilling Open pit infill, shallow underground infill, conversion drilling, drill-ready open pit targets (w/in 15 km) Lac Clarkie LIDAR and mag surveys, prospecting, mapping and geochemical surveying for target definition Exploration Upside District-scale greenstone belt Identified targets in close proximity to Eau Claire deposit High-grade outcropping - potential for several small- medium open pits Potential for Eleonore-style and Eau Claire-style mineralization elsewhere on the property

Note 1. Technical Report for the Eau Claire Deposit, Clearwater Project by SRK Consulting (June 2015) filed on SEDAR.

SLIDE 14

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 14

EASTMAIN MINE PROJECT

THE RIGHT LOCATION

Otish Park Eastmain Mine Camp looking NW along mine trend to surface targets Route 167 Road, part of Plan Nord Eastmain Mine

All season road built in 2014 by Quebec gov’t and Stornoway.

SLIDE 15

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 15

EASTMAIN MINE PROJECT

HISTORICAL PRODUCTION AND RESOURCE

Note 1. The Eastmain Mine (past-producing) Historical Resources is not NI 43-101

compliant. A

Qualified Person has not done sufficient work to classify them as mineral resources. The issuer is not treating these historical resources as current mineral resources and these resources should not be relied on.

Historical Mining and Resource Estimate Mined: 40,000 ozs at 10.58 g/t Au (1995) Resource1: 255,750 oz of 10 g/t Au in 878,000 tonnes $40M invested by previous

wners on exploration &

development Size and Location 8,014 hectares James Bay gold district greenstone belt (volcanics) 100% ownership Infrastructure Past-producing property Permanent all-weather road,

nsite airstrip,

generator-power 60 person-camp incl. full-kitchen, core shack and cabins

SLIDE 16

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 16

EASTMAIN MINE PROJECT

EXPLORATION OPORTUNITY

‐

>1 to 5 g/t Au Rock Assay Data >30 g/t Au >10 to 30 g/t Au >5 to 10 g/t Au

‐

Eastmain Mine Property

Ruby Hill East A & B Gold Zones

2.5 kms Access Road Route 167 North

Mine Trend

C Zone Mine Camp

Priority Targets

Airstrip

35 5,800,000 mN 699,000 mE 698,000 mE 700,000 mE 700,000 mE 698,000 mE 699,000 mE 697,000 mE 697,000 mE 5,801,000 mN 696,000 mE 696,000 mE 5,798,000 mN 5,799,000 mN 5,800,000 mN 5,799,000 mN 5,798,000 mN

‐ ‐

LEGEND

> 0.1 g/t Au > 5.0 g/t Au > 1.0 g/t Au > 0.5 g/t Au

Michel Target

0.5 to 125.1 g/t Au 0.5 to 12.5 g/t Ag 0.1 to 1.08% Cu

Julien Target

0.5 to 27.2 g/t Au 0.5 to 28.8 g/t Ag 0.1 to 2.3% Cu

Susanna Target

0.5 to 38.7 g/t Au 0.5 to 26.6 g/t Ag 0.1 to 3.06% Cu

Hillhouse Target

0.5 to 39.5 g/t Au 0.5 to 25.8 g/t Ag 0.1 to 2.4% Cu

700,000 mE 696,000 mE 697,000 mE 698,000 mE 700,000 mE 696,000 mE 697,000 mE 698,000 mE 699,000 mE 5,801,000 mN 5,798,000 mN 5,799,000 mN 5,799,000 mN 5,798,000 mN 5,801,000 mN

Eastmain Gold Deposit

699,000 mE

500 m ROCK ASSAY DATA

Mine Trend

Zones A & B (partially mined)

Prospecting Targets

10 km mine trend with four priority targets, NW of A & B gold zones 2016 exploration program - $1.5 million budget

Prospecting
Mechanical trenching (3,700 m)
Drilling (7,500 m)

SLIDE 17

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 17

EASTMAIN MINE PROJECT

LOOKING FORWARD

2016 Exploration Program Prospecting, trenching and drilling on Eastmain Mine and Ruby Hill Exploration Upside Known Mineralization around the historic resource Four targets outlined in the mine trend Minimal past follow up drilling on interesting prospecting results Upcoming Catalysts Exploration program results (Q4 2016) Full assessment of Eastmain past production, historic resources and targets

SLIDE 18

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 18

ÉLÉONORE SOUTH JV PROPERTY GEOLOGY

INDICATIVE GEOCHEMISTRY – CONTIGUOUS TO ELEONORE MINE

HIGHLIGHTS Property size: 147 sq km JV Project between

Eastmain (36.7%)
Goldcorp (36.7%)
Azimut (26.6% - Manager for 2016)

JT Prospect Corridor extends from JT Prospect east to Cheechoo discovery, over Moni Prospect (July 2016) – High gold grade grab samples range from 11.6 g/t Au – 142 g/t Au New FD Prospect down trend from Eleonore gold

mine. 4.5km north of JT Prospect

(July 2016) Goldcorp’s Eleonore Mine:

Sedimentary-hosted gold deposit
>8 M MI&I ounces
2016 gold production forecast: 250k -280k oz

($950/oz AISC)

2016 Drilling Program

$2 million - JV Budget $0.74 million (Eastmain portion)

Goldcorp’s Eleonore Property Eleonore South JV Property

FD Prospect Moni Prospect

SLIDE 19 76°W 52°37'30"N 52°37'30"N 435,000 440,000 5,825,000 5,825,000 5,830,000 5,830,000 5,8 5,8 500 1,000 1,500 meters 1:50,000 UTM zone 18 projection - NAD83 ELEONORE SOUTH PROPERTY Soil geochemistry - Arsenic (As) Date: 2016-05-11 100% 99% 96% - 98% 91% - 95% 86% - 90% 81% - 85% 71% - 80% 61% - 70% 51% - 60% 1% - 50% 71.82 - 929.35 50.27 - 71.81 29.23 - 50.27 19.25 - 29.23 14.84 - 19.25 12.14 - 14.84 8.85 - 12.14 6.76 - 8.85 5.19 - 6.76 0 - 5.19 As (ppm) | Percentiles 76°W 435,000 440,000

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 19

ÉLÉONORE SOUTH JV

STRONG GEOCHEMISTRY, LARGE POTENTIAL

2016 Drilling Program: Surface prospecting Phase 1 - 2,500 m drilling Phase 2 – 2,500 m follow up drilling Complete Planned to begin mid-September Planned to begin early 2017

12 km2

SLIDE 20

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 20

ÉLÉONORE SOUTH JV

DISTICT SCALE GOLD SHOWINGS

SLIDE 21

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 21

ÉLÉONORE SOUTH JV

COMPARISON TO GOLDCORP’S ELEONORE MINE

Larger Footprint Similar Geochemistry

SLIDE 22

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 22

THE WAY FORWARD

PRESSING THE RESET BUTTON 3Q16 4Q16 1Q17 2Q17 3Q17

Complete comprehensive drill campaign (63,000m) Issue updated mineral resource estimate Perform other technical optimization work Optimize and complete PEA and study work

CLEARWATER PROJECT EASTMAIN MINE PROJECT ÉLÉONORE SOUTH JV

Trenching Drilling (7,500m) Drilling (5,000m) Sampling

PRIORITES (Calendar Year)

2017 Program 2017 Program 2017 Program

4Q17

SLIDE 23

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 23

FOR MORE INFORMATION

Claude Lemasson P.Eng., MBA President & CEO

lemasson@eastmain.com

Alison Dwoskin CPIR Manager, Investor Relations

dwoskin@eastmain.com

Office: 647-347-3735

SLIDE 24

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 24

APPENDIX

SLIDE 25

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 25

H2 2016 BUDGET

OCTOBER 1, 2016 - DECEMBER 2016 REMAINING BUDGET

$12.0 million

TOTAL CASH POSITION

$18.1 million

Eau Claire Deposit, 8.8 Eastmain Mine Project, 1.5 Éléonore South JV, 0.8 Corporate Spending, 1.5 Remaining Cash, 6.4 TOTAL BUDGET SEPTEMBER 2016 – DECEMBER 2016

All spending figures listed in millions of Canadian dollars.

SLIDE 26

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 26

CLEARWATER PROJECT

ROAD AND POWER ACCESSIBLE

Eastmain Reservoir Eastmain Reservoir

Eastmain River EM-1 Power Station

Spillway Eau Claire Gold Deposit Base Camp kms 0 5

Clearwater Property

Depot

Note: Hydro Quebec’s Eastmain-1 powerhouse was commissioned in

2006. The Eastmain

Reservoir covers approximately 600 km2 and flows into the Opinaca Reservoir. The Eau Claire Gold deposit is accessible by the permanent EM-1 Road. Fuel and accommodation is available at the EM-1 Base Camp. An equipment and fuel depot is accessible by transport via the Spillway. Hydroelectric power for Goldcorp’s Eleonore project is provided by EM-1.

Hydro-electric hook-up at EM-1 - 20 kms from Eau Claire deposit

Mine-ready infrastructure in place

SLIDE 27

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 27

EV/OUNCE VS. GRADE

ER’S EAU CLAIRE DEPOSIT VS. PEER COMPANY’S TOTAL MINERAL RESOURCES

Company Ticker TMAC Resources Inc TMR.TO Pure Gold Mining Inc PGM.V Integra Gold Corp ICG.V Gowest Gold Ltd GWA.V Sabina Gold and Silver Corp SBB.TO Auryn Resources Inc AUG.V Eastmain Resources Inc ER.TO Premier Gold Mines Ltd PG.TO Osisko Mining Corp OSK.TO Marathon Gold Corp MOZ.TO Atlantic Gold Corp AGB.V Kaminak Gold Corp KAM.V Victoria Gold Corp VIT.V

Prepared by Beacon Securities, using company reports and market data. Prices as of September 12, 2016.

TMR.TO PGM.V ICG.V GWA.V SBB.TO AUG.V PG.TO OSK.TO MOZ.TO AGB.V KAM.V VIT.V $0 $50 $100 $150 $200 $250 $300 $350 0.0 2.0 4.0 6.0 8.0 10.0 EV/oz Au (M+I+I) (C$) M+I+I Grade (g/t Au) Underground Open Pit Open Pit / Underground EAU CLAIRE DEPOSIT ER.TO

SLIDE 28

EASTMAIN INVESTOR PRESENTATION ER:TSX www.Eastmain.com 28

CLEARWATER

EAU CLAIRE MINERAL RESOURCE

EAU CLAIRE DEPOSIT

At least 4 mineralized orientations at Eau Claire
Deposit character:
High-grade “feeder veins” that crosscut an earlier-stage of mineralization
Feeder vein thickness ranges from <0.5 to 2.5 metres
Often contains multiple clusters of very-fine-grained gold particles
Gold occurs in basalt, volcaniclastic rocks and porphyry as vein and replacement zone;

Majority of the metal occurs within basalt host units

3D Modeling interprets mineralization as defined by structural and lithological controls
Resulting high confidence in Measured and Indicated mineral resources;

RESOURCE DRILLING

Closer-spaced drilling results in higher average grades and improved continuity
Drilling since 2011 focused on the upper 1/3 of the deposit to a vertical depth of 300 metres;
2012/2013 Drilling: a significant number of high-grade intercepts defined a “critical mass” that

may support future, ramp-accessible “mineable” gold resources

Vertical depth: from 100 to 300 metres down-plunge from the 450 West Zone surface

exposure